PepsiCo Cuts Snack Prices Amid Sales Decline
PepsiCo has reduced prices on Lay's and Doritos by 15% in response to declining snack sales in North America. The company issued a warning about a consumer squeeze, indicating that fast-food fatigue is impacting snack consumption.
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PepsiCo cuts prices on snacks. It’s not enough to drive growth in North America.
PepsiCo’s stock was set to fall as the company’s North America business lagged, but strength in international business led to an earnings beat.
By Tomi Kilgore
Read full article →PepsiCo drops prices on Lay's and Doritos by 15% as fast-food fatigue hits snack sales
PepsiCo stock fell 5% after earnings as higher costs, weak North America snack sales and unchanged 2026 outlook outweighed strong revenue growth.
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